Over the past three years taxpayers and tax practitioners have been dealing with the Tax Administration Act (TAA) since it became effective in October 2012. Despite this legislation providing much needed certainty and guidance on many aspects of tax administration, its application poses many challenges. Resolving these challenges requires a detailed and up to date knowledge of the provisions and technical requirements of the TAA. This seminar covers the aspects of the TAA that taxpayers and prac

Over the past three years taxpayers and tax practitioners have been dealing with the Tax Administration Act (TAA) since it became effective in October 2012. Despite this legislation providing much needed certainty and guidance on many aspects of tax administration, its application poses many challenges. Resolving these challenges requires a detailed and up to date knowledge of the provisions and technical requirements of the TAA. This seminar covers the aspects of the TAA that taxpayers and practitioners are faced with on a regular basis as well as new developments in this space over the past year.

Course Content

Requirements of the TAA relating to returns, in particular third party returns and requesting corrections;

Burden of proof, recordkeeping and providing information to SARS;

Assessments, including limitation on the period for issuing assessments;

Dispute resolution process, including referring matters to the tax ombudsman and the new rules for dispute resolution;

Penalties imposed under the TAA and dealing with these penalties;

The impact of the TAA on conducting and managing a tax practice;

2013 amendments and 2014 proposed amendments to the TAA and case law relating to tax administration in 2014.

Presenter

Professor Pieter van der Zwan

Pieter is an associate professor at the North-West University (NWU) where he is the leader of the Taxation Program. He teaches taxation to honours chartered accountancy and masters degree students. He received the award as the best lecturer on the NWU's Potchefstroom Campus in 2011.

He is a qualified Chartered Accountant. He completed his articles at KPMG and spend time in KPMG's technical department after completing his articles. Since joining the NWU, Pieter has been involved in private practice as a technical advisor to audit firms and companies on tax and IFRS matters. In addition, he has also presented numerous tax and IFRS seminars and workshops to auditors, accountants and finance divisions of companies over the past 4 years.

Pieter has published a number of articles in accredited academic journals and also makes regular contributions to tax and accountancy magazines (including TaxTalk).

Important: Please note that as from 2014 printed copies of notes is optional and will cost additional R50 per set and must be ordered. Electronic notes will be emailed to all registered delegates 2 days prior to the event. Should you require a printed copy on the day of the seminar kindly select the printed seminar notes when registering for the event.

Option 2 - Live Webinar Broadcast

This CPD event will be broadcast live on Monday 20 October 2014 from 09:00 - 13:00

WHY REGISTER WITH SAIT?

Section 240A of the Tax Administration Act, 2011 (as amended) requires that all tax practitioners register with a recognized controlling body before 1 July 2013. It is a criminal offense to not register with both a recognized controlling body and SARS.

MINIMUM REQUIREMENTS TO REGISTER

The Act requires that a minimum academic and practical requirments be set to register with a controlling body. Click here for the minimum requirements of SAIT.